Q2 2024 Doro AB Earnings Call Transcript

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Jul 17, 2024

Jul 17, 2024 / 07:00AM GMT
Julian Read - Doro AB - Chief Executive Officer

Good morning, and welcome to the presentation for Doro's Q2 interim report. My name is Julian Read; I am the new CEO for Doro. I joined now just 4.5 weeks ago. And with me today is Isabelle Senges, CFO. And we're going to go straight into the report. We'll talk you through the report. There will be time for questions at the end.

(Operator Instructions) Obviously, the usual disclaimer around forward-looking statements, so please take note of those. And we move straight on to the key highlights for the second quarter.

So first off, what you'll find in our report is that the business is driving solid sales. In Q2, we delivered over SEK206 million of sales, which is almost 2% up from the same quarter last year. And what we are seeing is that the sales of our mobile phones are remaining robust despite a shrinking market in the segment that we play in most, which is the feature phones.

Now for the focus of the remainder year, we will be very much focused on the successful launch of a new range of feature phones which are coming in Q4.

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